Amazon Bought Government Bonds Amid Last Year’s Tech Sell-Off
This article was originally published on ETFTrends.com.
In 2018, the Nasdaq Composite fell 4 percent amid a volatile year-end that saw many investors sell off tech stocks. While this went on, online retail giant Amazon loaded the boat on safe-haven government bonds. Amazon increased its government bond holdings by $6.8 billion to end with a total of $11.7 billion based on the [...]
